Screen Shot 2014-07-21 at 1.41.32 PMWe’ve all face the office politics, double standards, and other obstacles at work, but many of us aren’t sticking around and tolerating it. According to a special KTVH 11 report, more black women are launching their own ventures – at a rate of more than six times the national average. Yep, we’re running our own ish.

“As more and more African-American women obtain higher degree levels, they’re more likely to start their own businesses because they feel they are better prepared to do so,” says Bruce James, Dean of Business at Philander Smith College.

“I’ve always done hair,” says Cushena Scott of Sheena’s Hair Emporium. “I majored in business. I might as well go to hair school and open my own salon.”

Scott is one of more than 1 million African-American women business owners in the U.S. today. But despite that number, James says starting a business is still an uphill battle for most minority women.

“One of the greater issues with not being successful for minorities and women in general is being under-capitalized when they start their business ventures,” says James.

Scott launched her online business three years ago; she started selling hair extensions with $500 in savings. She plans to open her salon this fall and hopes to be an inspiration to other women while she builds a legacy for her family.

“At the end of the day, I’m all about women empowerment,” Scott says. “She has everything; she can have everything. She can be what she wants to be.”

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  • D.J

    Yay! Good news :)

  • Genuinesol

    This is great news but, guess what? This has been true for at least a decade now. Just do your own research but black women have long been the fastest growing segment of entrepreneurs and black people overall opened their own businesses faster than any other group during the period from 2002-2010 (I think).

    Let’s see if Fox News, Lisa Ling, or any of these other bias media outlets and figures will do a special about this or are they too busy exaggerating the “plagues of the black community” such as singleness, AIDS, incarceration rates, and etc. Yes, these issues do exist but, they exist in all communities and need to be treated as such as opposed to having it seemed like some pathology of that only afflicts blacks.

    I will wait to see if this makes spins throughout the mainstream media the same way I am waiting to see the fact that black women enroll in college faster than any other group, more billionaires have been shown to prefer black women as wives, there are several television channels owned by black men that are doing well, and etc.

  • A lot of black women are entrepreneurs for real. On the Our World with Black Enterprise show, I see stories all of the time of Sisters creating businesses or working in the business world in general.

    • CourtneyrrR

      And more will be added.

    • Indeed. :)

    • Also, my female cousin is a great business owner too.

    • Goodnight Sister Courtney.

      You’re a Great Friend. Peace and Blessings to You. :)

      P.S. You Avatar is Great and it shows that Black Love is Beautiful.

  • CoolChic

    I am curious… Where can I find How many of these businesses are one woman shows as opposed to black women entrepreneurs that hire at least 5-10 employees. We may have More businesses but other non-black women entrepreneurs have more net revenue. More work will have to be done.